Thu, Sep 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs, Market Pulse, Research more

ETFS sees recovery possibilities for gold, silver, platinum and palladium

Posted on 03 July 2013

In the near term, further declines in gold prices can’t be ruled out but the fact that gold is trading 20% below its average marginal cost of production, silver 10%, and platinum 25% below marginal production costs, prices will have to move above these levels to support long term supply growth, according to ETF Securities Ltd.
Recent fall in gold and silver prices were the result of an over-reaction from bond markets to Fed comments and ultimately real interst rates will fall back from current levels, making the situation positive for precious metals in general, according to ETF Securities Ltd……………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36995 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930